Trend Pulse

China's debt problem is no longer a statistic, but a perceived risk. With total debt from government, corporations, and households combined topping 300 percent of GDP, the economy is quickly running out of steam. The problem is that growth is slowing faster than debt is rising. People are paying down debt instead of spending, businesses are stopping investing, and deflationary pressures are building. Some say this is reminiscent of the early stages of Japan's long recession. Changes in China's economy will soon affect global markets, so it's important to keep an eye on debt and economic trends going forward. #chinadebt #chinaeconomiccrisis #chinadebtdeflation #chinajapanization #globaleconomicrisk